John McFarlane, the chairman of insurer Aviva, has left the business to become chairman of banking group Barclays.
McFarlane, who will leave Aviva at its annual general meeting in April next year, will be replaced by Sir Adrian Montague, the insurer said in an announcement to the stock exchange. Montague said: "It will be a privilege to chair Aviva. The company is recovering strongly and delivering against its investment thesis of cash flow plus growth, under the new, strong management team ably led by Mark Wilson. "John McFarlane has been an extraordinary chairman, and has made an immense contribution to Aviva's recovery. We are disappointed that he is leaving Aviva, but understand his excellent ...
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